Cost Savers

How to Cut Your Electric Bill in Half in 3 Simple Ways

Here you'll find out how to save on your electric bill with these Home Matters experts tips from energy conservation hacks to programming a thermostat.

Have you ever heard the old adage that sometimes you have to spend money to make money? It’s also true that sometimes you have to spend money to save money. So, before you spend your federal tax refund money on something frivolous, why not consider some investments that you could make that might actually reap some dividends in the future. For example, there are a variety of home improvements that you could make now that may help you save on your electricity bill in the future.

How to Save Money on Your Electric Bill

First, it’s important to understand how much electricity your home is actually using, so you can begin learning ways to save on your electricl bill by using it as a benchmark against other costs.Take a look at your electric bills from the past year, or the past several years if you have access to that information. Break down the average costs per season to see which months are costing you the most so you’ll know which improvements may give you the best return.

How to Read Your Electric Meter

Next, it's important to know how to read your electric meter. This way, you can monitor how much electricity your home is actually using in real time. Ask your utilities provider for specific information on reading your electric meter, or check their website for instructions.

After you have a handle on your average electricity use, it’s time to look at steps that you and your family can take to save on your electricity bill. For the best results, it’s important to get all the members of your household on board with your efforts. To motivate everyone, stress that any dollar savings from striving for the cheapest electricity possible can be used for other things, such as entertainment, dining out, or vacations.

How Programmable Thermostats Can Help Save You Money on Your Electricity Bill

Another good way to invest your tax refund money in a more energy efficient home is to embrace technology. There are many new technological advances that have been designed to conserve energy and electricity use. Programmable thermostats can help you save electricity by pre-setting temperatures for the times when people are home and actually need heating or cooling for comfort. Some programmable thermostats can even be controlled remotely by smart phones, giving you the option to change the settings when you’re away if needed. Programmable thermostats can be found at most hardware and home stores, and don’t necessarily require professional installation.

Save on Electricity Bill with Energy-Efficient Heating and Cooling Systems

You can also potentially save on electricity bills by spending your tax refund money on newer, more energy efficient heating and cooling systems, which are likely your home’s biggest energy users. If you don’t want to make this big investment, or if your heating and cooling systems are fairly new, you can still save money on electricity and energy costs by having your air conditioning and heating units professionally inspected and cleaned. Don’t forget to change the filters monthly, or as recommended by the manufacturer, which helps them run efficiently and effectively. Good home maintenance practices are important in keeping your units in peak operating condition.

Investing your tax refund in landscaping projects may help save on your electricity use while adding beauty to your home. Strategically planting shade trees can help cool your home in summer months, and planting windbreaks may help reduce heating costs in the winter. Ask a landscape professional which trees and plants will thrive in your particular growing zone.

If you didn’t get a tax refund this year, there are still ways that you can save on electricity costs in your home.

Ways to conserve energy in your home

• Lower the temperature on your hot water heater• Reduce the number of dishwasher and clothes washer loads• Clean the lint from your dryer screen to help it run efficiently (and safely)• Learn how to correctly stack your dishwasher to help it run as efficiently as possible

Once you've incorporated these different ways to save on your electricity bill. Let AHS worry about your electrical sysems and appliances. Get Home Electrical Warranty System Coverage from American Home Shield® and get coverage of major components of many home systems, including your electrical system, and this coverage picks up where your homeowner's insurance policy leaves off. The AHS Home Warranty Plan provides broad coverage of many common electrical malfunctions.